Data gathered: January 21
AI Stock Analysis - Cadence Design Systems (CDNS)
Analysis generated January 2, 2025. Powered by Chat GPT.
Cadence Design Systems, Inc. is a major player in electronic design automation (EDA) and computational software solutions. The company focuses on designing, developing, and implementing integrated circuits (ICs) and electronic devices. Headquartered in San Jose, California, Cadence caters to various sectors, including semiconductor, automotive, and consumer electronics industries. Its robust product portfolio and global presence make it a critical player in the technology design landscape.
Stock Alerts - Cadence Design Systems (CDNS)
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Cadence Design Systems | January 9 Insider Alert: DEVGAN ANIRUDH is selling shares |
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Cadence Design Systems | January 8 Insider Alert: TENG CHIN-CHI is selling shares |
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Cadence Design Systems | January 7 Insider Alert: Cunningham Paul is selling shares |
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Cadence Design Systems | December 19 Insider Alert: WALL JOHN M is selling shares |
Alternative Data for Cadence Design Systems
| Alternative Data | Value | 3m Change | Trend | Benchmark |
|---|---|---|---|---|
| Job Posts | 449 | Sign up | Sign up | Sign up |
| Sentiment | 58 | Sign up | Sign up | Sign up |
| Webpage traffic | 948,000 | Sign up | Sign up | Sign up |
| Employee Rating | 86 | Sign up | Sign up | Sign up |
| Google Trends | 14 | Sign up | Sign up | Sign up |
| Patents | 467 | Sign up | Sign up | Sign up |
| 4chan Mentions | N/A | Sign up | Sign up | Sign up |
| Facebook Engagement | 33 | Sign up | Sign up | Sign up |
| Facebook Followers | 90,089 | Sign up | Sign up | Sign up |
| Instagram Followers | 3,027 | Sign up | Sign up | Sign up |
| Reddit Mentions | N/A | Sign up | Sign up | Sign up |
| Stocktwits Mentions | 1 | Sign up | Sign up | Sign up |
| Stocktwits Subscribers | 3,638 | Sign up | Sign up | Sign up |
| Twitter Followers | 18,717 | Sign up | Sign up | Sign up |
| Twitter Mentions | 20 | Sign up | Sign up | Sign up |
| Youtube Subscribers | 36,200 | Sign up | Sign up | Sign up |
| News Mentions | 1 | Sign up | Sign up | Sign up |
| Customer reviews | N/A | Sign up | Sign up | Sign up |
| Business Outlook | 83 | Sign up | Sign up | Sign up |
| Linkedin Employees | 10,244 | Sign up | Sign up | Sign up |
About Cadence Design Systems
California-based Cadence Design Systems, Inc. is a multinational computational software company, founded in 1988 by the merger of SDA Systems and ECAD, Inc. The company designs and develops integrated circuits and electronic devices. Its products are used for various market applications including consumer, hyperscale computing, 5G communications, automotive, aerospace, industrial and health.
| Price | $310.97 |
| Target Price | Sign up |
| Volume | 1,750,000 |
| Market Cap | $83.8B |
| Year Range | $246.84 - $326.5 |
| Dividend Yield | 0% |
| PE Ratio | 80.63 |
| Analyst Rating | 86% buy |
| Earnings Date | February 18 '25 |
| Industry | Application Software |
In the news
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Aaron Wealth Advisors LLC Purchases 202 Shares of Cadence Design Systems, Inc. (NASDAQ:CDNS)January 21 - ETF Daily News |
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Cadence Design Systems, Inc. (NASDAQ:CDNS) Shares Sold by Ritholtz Wealth ManagementJanuary 20 - ETF Daily News |
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Empirical Asset Management LLC Has $582,000 Holdings in Cadence Design Systems, Inc. (NASDAQ:CDNS)January 19 - ETF Daily News |
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Q4 EPS Estimate for Cadence Design Systems Raised by AnalystJanuary 18 - ETF Daily News |
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Brookstone Capital Management Buys 3,858 Shares of Cadence Design Systems, Inc. (NASDAQ:CDNS)January 15 - ETF Daily News |
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Cadence Design Systems (NASDAQ:CDNS) Coverage Initiated by Analysts at Redburn AtlanticJanuary 14 - ETF Daily News |
Financial performance View All
| Revenue | Cost of Revenue | Gross Profit | Net Income | ebitda | EPS | |
|---|---|---|---|---|---|---|
| Q3 '24 | 1.2B | 313M | 889M | 238M | 367M | 1.640 |
| Q2 '24 | 1.07B | 270M | 802M | 230M | 335M | 1.280 |
| Q1 '24 | 1.02B | 266M | 754M | 248M | 324M | 1.170 |
| Q4 '23 | 1.06B | 274M | 785M | 324M | 376M | 1.380 |
| Q3 '23 | 1.01B | 266M | 744M | 254M | 314M | 1.260 |
Insider Transactions View All
| DEVGAN ANIRUDH filed to sell 55,874 shares at $310. January 8 '25 |
| TENG CHIN-CHI filed to sell 104,644 shares at $298.2. January 7 '25 |
| TENG CHIN-CHI filed to sell 93,275 shares at $300.9. January 7 '25 |
| TENG CHIN-CHI filed to sell 100,274 shares at $299.4. January 7 '25 |
| TENG CHIN-CHI filed to sell 94,624 shares at $300.3. January 7 '25 |
Similar companies
| Company | Price | AI Score | |
|---|---|---|---|
 |
MicrosoftMSFT |
$428.5 0.1% | 52 |
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OracleORCL |
$172.57 7.2% | 49 |
 |
AdobeADBE |
$436.36 1.5% | 46 |
 |
IntuitINTU |
$609.41 0.9% | 64 |
 |
AutodeskADSK |
$296.91 1.9% | 49 |
Congress Trading View All
| Politician | Filing Date | Type | Size |
|---|---|---|---|
| Michael McCaul |
Dec 18, 24 | Sell | $15K - $50K |
| Michael McCaul |
Nov 14, 24 | Buy | $1K - $15K |
| Ro Khanna |
Nov 11, 24 | Buy | $1K - $15K |
Read more about Cadence Design Systems (CDNS) and their ai stock analysis, price prediction, earnings, congress trading, insider transactions, technical analysis, job posts, sentiment, webpage traffic, employee rating, google trends, patents, 4chan mentions, facebook engagement, facebook followers, instagram followers, reddit mentions, stocktwits mentions, stocktwits subscribers, twitter followers, twitter mentions, youtube subscribers, news mentions, customer reviews, business outlook & linkedin employees.
What is the Market Cap of Cadence Design Systems?
The Market Cap of Cadence Design Systems is $83.8B.
What is Cadence Design Systems' PE Ratio?
As of today, Cadence Design Systems' PE (Price to Earnings) ratio is 80.63.
When does Cadence Design Systems report earnings?
Cadence Design Systems will report its next earnings on February 18 '25.
What is the current stock price of Cadence Design Systems?
Currently, the price of one share of Cadence Design Systems stock is $310.97.
How can I analyze the CDNS stock price chart for investment decisions?
The CDNS stock price chart above provides a comprehensive visual representation of Cadence Design Systems' stock performance over time. Investors can use this chart to identify patterns, trends, and potential support or resistance levels. By examining historical data and recent price movements, investors can make more informed decisions regarding buying, holding, or selling Cadence Design Systems shares. Our platform offers an up-to-date CDNS stock price chart, along with technical data analysis and alternative data insights.
Does CDNS offer dividends to its shareholders?
As of our latest update, Cadence Design Systems (CDNS) does not offer dividends to its shareholders. Investors interested in Cadence Design Systems should consider the potential for capital appreciation as the primary return on investment, rather than expecting dividend payouts.
What are some of the similar stocks of Cadence Design Systems?
Some of the similar stocks of Cadence Design Systems are Microsoft, Oracle, Adobe, Intuit, and Autodesk.
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